4/23/20 - The number of nonfarm jobs decreased over-the-year in March in twelve Illinois metropolitan areas according to preliminary data released today by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also shows the unemployment rate temporarily decreased over the year due to the shrinking of the labor force as businesses began to close and workers transitioned due to COVID-19. The unemployment rate and labor force fell in thirteen metropolitan areas.
“From day one, this administration has pursued policies that support our working families and help lift up every Illinoisan,” said Deputy Governor Dan Hynes. “Keeping our communities safe during the COVID-19 outbreak remains a top priority and we will continue to champion worker protections, expand access to our benefits systems, and support small businesses navigating this challenging time.”
Data shows the number of nonfarm jobs decreased in twelve Illinois metropolitan areas and increased in two. Total nonfarm jobs were down in Rockford (-4.0%, -6,000), Peoria (-2.5%, -4,300), and Lake-Kenosha (-1.7%, -7,200). Jobs were also down in Chicago-Naperville-Arlington Heights (-0.2%, -8,800). Illinois businesses added jobs in Kankakee (+2.0%, +900) and Champaign-Urbana (+1.3%, +1,500). The industry sectors recording job growth in the majority of metro areas included Education and Health Services (10 of 14).
Not seasonally adjusted data compares March 2020 with March 2019. The not seasonally adjusted Illinois rate was 4.4 percent in March 2020 and stood at 12.2 percent at its peak in this economic cycle in January 2010. Nationally, the not seasonally adjusted unemployment rate was 4.5 percent in March 2020 and 10.6 percent in January 2010, at its peak. The unemployment rate identifies those individuals who are out of work and seeking employment.
Not Seasonally Adjusted Unemployment Rates
|Metropolitan Area||March 2020*||March 2019**||Over-the-Year Change|
|Davenport-Moline-Rock Island, IA-IL||4.2%||4.8%||-0.6|
|St. Louis (IL-Section)||3.0%||4.6%||-1.6|
|* Preliminary I ** Revised || || || |
Total Nonfarm Jobs (Not Seasonally Adjusted) – March 2020
|Chicago-Naperville-Arlington Heights Metro Division||3,733,500||3,742,300||-8,800|
|Davenport-Moline-Rock Island MSA||184,200||185,000||-800|
|Elgin Metro Division||256,800||258,400||-1,600|
|Lake-County-Kenosha County Metro Division||406,500||413,700||-7,200|
|Illinois Section of St. Louis MSA||237,900||238,600||-700|
|*Preliminary | **Revised|| || || |